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April 29, 2017
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LOS ANGELES COUNTY NEWS
Archive
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• NationBuilder Leases 55k sf Office Space at Biltmore Court in Downtown Los Angeles
7/01/14
In an interesting lease from downtown LA, NationBuilder signed a 10-year lease for 54.8k sf of space in Biltmore Court. The property, located at 420 S. Grand Ave, is part of the iconic Millennium Biltmore Hotel Los Angeles. ...
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• MacFarlane Partners to Develop Two-Building Res Project in Downtown L.A.
7/01/14
MacFarlane Partners has acquired a 99k sf development site overlooking Pershing Square in downtown Los Angeles. The company plans to construct two buildings – a mid-rise and a high-rise – that will have a total of over 600 un...
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• USC Student Housing Property Sells for $4 Mil
6/30/14
An unnamed private investor paid $3.9 mil for the G6 Apartments, a five-unit, 25-bedroom student housing property one block from the University of Southern California’s (USC) main campus in Los Angeles. The price equates to $...
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• West LA Office Property Sells with One-Day Escrow
6/27/14
An investment entity led by Archway Holdings Corp closed on the purchase of a 24.8k sf office property in West Los Angeles. The building, located at 11801 Mississippi Ave, north of Olympic Blvd and west of the 405 Fwy, was so...
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• AIR Prez Jason Jamison Comments on LA-Area Industrial Market
6/26/14
At the start of 2014, Jason Jamison, president of the AIR Commercial Real Estate Association (AIR), declared while taking office that the L.A. area’s industrial real estate market is robust with leasing and sale activity. He...
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• ThinKom Solutions Relocates to 75k sf Hawthorne Space
6/26/14
In a recent lease comp from LA’s South Bay region, ThinKom Solutions Inc signed a seven-year deal for 74.7k sf of space at OceanGate Business Park, located at 4881 W. 145th St in Hawthorne. ThinKom, a provider of innovative b...
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• Pair of West Hollywood Multifamily Sales Generate $4.7 Mil from 15 Units
6/26/14
We’ve got two recent multifamily property sales comps totaling $4.7 mil from West Hollywood to report. The sales include; a 10-unit property that sold for $3.3 mil ($330k/unit) and a five-unit asset that traded for $1.4 mil (...
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• Thorofare Capital Provides $9 Mil for Two LA-Area Skilled Nursing Facilities
6/24/14
Thorofare Capital has provided a Los Angeles-based healthcare operator with a $9 mil short-term loan to refinance two of its Los Angeles-area skilled nursing facilities. The financing was used to retire existing senior secure...
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• San Fernando Multifamily Comp Trades at $135k/Unit
6/24/14
A 22-unit multifamily property in the North Hills area of the San Fernando Valley sold for just under $3 mil. The property, located at 8805 Orion Ave, south of Nordhoff St on the east side of the 405 Fwy, trade for $2.965 mil...
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• CT Realty Investors Buys 23 Acres in La Verne for $12 Mil
6/20/14
CT Realty Investors recently picked up 23 acres of land entitled for up to 380k sf of development in the San Gabriel Valley. The site, situated at Arrow Hwy and Wheeler Ave in La Verne, adjacent to San Polo Business Park, s...
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• Kilroy Shares Plan for 475k sf Hollywood Creative Office Project
6/20/14
Kilroy Realty Corporation, the West LA-based office REIT, has unveiled its plans for its creative media, mixed-used office campus near the intersection of Sunset and Vine in Hollywood. The low-density project encompasses a fu...
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• Santa Fe Springs Industrial Building Sells for $115/sf
6/18/14
In an LA-area industrial sales comp, Jobber’s Wholesale Inc has acquired a 23.4k sf building in Santa Fe Springs for $2.7 mil ($115/sf). Jobber’s Wholesale, a distributor of aftermarket auto parts and lubricants, plans to use...
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• 99 Cents Only Stores Inks Largest LA County Industrial Lease for 2014
6/17/14
In what we’re told is the largest industrial lease in Los Angeles County so far this year, 99 Cents Only Stores inked a deal for 615k sf of industrial space in the City of Commerce. The retailer’s new space is for a newly con...
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• Trumark Urban Acquires Fully Entitled Downtown LA Res Development Site
6/17/14
Good news for downtown LA’s product-challenged residential sales market, as NoCal-based Trumark Urban has purchased a fully entitled development site at 1050 S. Grand Ave in the South Park neighborhood, where it will build a ...
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• Deloitte Inks Lease for 113k sf of Downtown LA Office Space
6/16/14
Deloitte, one of the world’s largest professional services organizations, recently inked a lease for 113k sf of space in downtown Los Angeles. The deal, which also provides the firm the right to expand, is at the Gas Company ...
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• One Santa Fe and 8500 Burton Way Recognized at 44th Annual Los Angeles Architectural Awards Event
6/13/14
One Santa Fe and 8500 [Burton Way], two major, mixed-use projects in the L.A. area, were recognized for design excellence and community impact at the recent 44th Annual Los Angeles Architectural Awards gala hosted by the Los ...
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• Rexford Invests $15 Mil in Burbank Industrial Buy
6/13/14
Rexford Industrial Realty Inc recently completed another LA area industrial buy, paying $15.4 mil for a 130.8k sf ($118/sf) property in the San Fernando Valley. The property is located at 2980-2990 N. San Fernando Blvd, adjac...
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• Universal Music Group Leases 146k sf of Office Space in Woodland Hills
6/12/14
In what we’ve been told is the largest relocation lease by sf signed in the San Fernando Valley this year, Universal Music Group (UMG) inked a 10-year deal for 146.6k sf of office space located at LNR Warner Center in Woodlan...
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• Unique Downtown LA Res/Retail Tower Listed for $45 Mil
6/11/14
A unique, adaptive re-use property in downtown Los Angeles has come on the market. The property, National City Tower, is an historic, 12-story building originally constructed in 1924 and then redeveloped in 2008. The 118.2k s...
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• Mar Vista Apartment Property Comes In at $360k/Unit
6/11/14
In a West L.A. apartment sales comp, the Morrow Family Trust paid $5.8 mil for a 16-unit property located at 3974 Moore St, east of Lincoln Blvd and north of Washington Blvd in Mar Vista. The asset was sold by Revere Investme...
more » 



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